Cryptocurrency - news

Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company, is reportedly raising $5 billion in its latest funding round, […]

Pantera is now up more than 130,000% from its first Bitcoin purchase back in July 2013.

Alan Joseph, a Lancaster, Massachusetts man, was convicted on Nov. 22 for running an unlicensed business that converted cash into bitcoin to aid criminal activities, the U.S. Department of Justice (DOJ) said on Tuesday. Between August 2020 and February 2021, Joseph conducted transactions, including a $25,000 cash-to-bitcoin exchange, for an undercover agent who claimed involvement […]

XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level. XRP price is eyeing a fresh increase above the $1.465 resistance zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might gain momentum if it clears the $1.500 resistance. XRP Price Holds Gains Above $1.40 XRP price remained supported near the $1.30 zone. It formed a base and recently started an upward move like Bitcoin and like Ethereum. There was a move above the $1.3550 and $1.3750 resistance levels. There was a break above a key bearish trend line with resistance at $1.4580 on the hourly chart of the XRP/USD pair. The pair was able to clear the $1.50 level. A high was formed at $1.5238 and the price is now consolidating near the 23.6% Fib retracement level [...]

Despite a brief correction towards the $91,000 mark on Tuesday, which represented a 7% drop from its all-time high of $99,500, the market’s leading crypto, Bitcoin (BTC), has regained the strength it has posted over the past three weeks since Donald Trump’s election, on its way to the $100,000 milestone. Coinbase, Robinhood, And MicroStrategy All Post Gains In the 24-hour time frame, Bitcoin recorded gains of nearly 5%, regaining the $96,100 level as a key to reach a new record high in the last days of the month.  This bullish price action was expected by experts and analysts throughout the year as a normal upward behavior during Halving cycles, further boosted by Trump’s crypto agenda, which notably include making BTC a strategic reserve for the US. Related Reading: XRP Consolidates Below Crucial Resistance – Analyst Sets $1.60 Target This week marked a notable divergence, as Bitcoin decoupled from the tech-heavy Nasdaq Composite, which fell by 1%. According to CNBC data, the Dow [...]

Ethereum price remained supported above the $3,250 zone. ETH started a fresh surge and cleared the $3,550 resistance zone. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,375 on the hourly chart of ETH/USD (data feed via Kraken). The pair is up nearly 10% and now consolidates gains near the $3,650 zone. Ethereum Price Starts Fresh Surge Ethereum price remained supported above $3,250 and started a fresh increase bearing Bitcoin. ETH was able to surpass the $3,350 and $3,400 resistance levels. There was a break above a connecting bearish trend line with resistance at $3,375 on the hourly chart of ETH/USD. The bulls pumped the price above the $3,500 and $3,550 resistance levels. It gained nearly 10% and traded as high as $3,688. The price is now correcting gains below the $3,650 level. Ethereum price is now trading above [...]

On-chain data shows the Bitcoin Fear & Greed Index has cooled down from extreme greed, a sign that may be positive for BTC’s price. Bitcoin Fear & Greed Index Is Pointing At ‘Greed’ Again The “Fear & Greed Index” refers to an indicator created by Alternative that tells us about the average sentiment among investors in the Bitcoin and wider cryptocurrency markets. This metric uses a scale from zero to a hundred to represent its value. All values greater than 53 imply the presence of greed among the traders, while those under 47 suggest fear in the market. The index reflects a net-neutral mentality in the region between these two cutoffs. Related Reading: Current Bitcoin Hashrate Can Sustain $4.9 Trillion Cap, CryptoQuant CEO Reveals Besides these three main sentiments, the indicator can also signal two special sentiments: extreme fear and extreme greed. The former occupies the region below 25 and the latter above 75. Now, here is what the Bitcoin Fear & Greed Index is saying regarding [...]

China-based SOS, which operates a US-based Bitcoin mine, plans to buy $50 million worth of Bitcoin. 

A crypto pundit has suggested that the Dogecoin price rally is far from over, forecasting mid-term targets between $2.2 and $3.46 for the dog-themed meme coin. According to his detailed price chart, Dogecoin is currently in wave 3 of the Elliott Wave Theory and set for a significant price surge.  Analyst Predicts Dogecoin Price Macro Target Hov, a crypto analyst on X (formerly Twitter), has discussed Dogecoin‘s future price movements based on the Elliott Wave Theory and its current price action. The analyst noted that the meme coin has received a remarkable 690% rally since recently reaching a critical macro entry level.  Related Reading: Bitcoin Price Crash Not Over? Why A Decline To $89,000 Is Possible According to Hov’s chart analysis, the Dogecoin price action is currently in the midst of its third Elliott Wave, a phase often characterized by solid price growth. The third wave is typically seen as the strongest of all five wave motive sequences of the Elliott Wave theory and is [...]

Pump Science partially blamed Solana-based software firm BuilderZ for leaving the private key to the dev wallet address on GitHub for the public to see.

The Financial Conduct Authority (FCA) reports growing awareness of cryptocurrency in the UK, now at 93%, alongside a rise in ownership, which has reached 12% of adults, up from 10%. The average crypto holdings have grown to £1,842, with most new investors relying on family and friends for information. Alarmingly, 10% of buyers admitted to […]

Solana’s onchain and derivatives data suggest that SOL could make a run back toward its all-time high in the short term.